On March 1, Michael Shwartz was promoted from senior vice president of Ave Maria Funds shop Schwartz Investment Counsel, Inc., to executive vice president in charge of institutional sales at the Plymouth, Michigan-based firm. As in his former position, Michael reports to Tim Schwartz, president and lead PM of the Ave Maria Value Fund.

Michael J. SchwartzSchwartz Investment Counsel, Inc.Chairman, CEO

Earlier this year in January, Richard Platte, who joined the firm in 1987, retired as president and chief investment officer. Schwartz's brother Tim Schwartz was promoted from executive vice president.